company background image
BOGO

Banco de Bogotá BVC:BOGOTA Stock Report

Last Price

Col$42.00k

Market Cap

Col$14.9t

7D

0%

1Y

-41.7%

Updated

18 Aug, 2022

Data

Company Financials +
BOGOTA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

BOGOTA Stock Overview

Banco de Bogotá S.A. provides various banking products and services in Colombia and internationally.

Banco de Bogotá Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Banco de Bogotá
Historical stock prices
Current Share PriceCol$42,000.00
52 Week HighCol$77,600.00
52 Week LowCol$40,000.00
Beta0.54
1 Month Change1.21%
3 Month Change-20.76%
1 Year Change-41.67%
3 Year Change-41.24%
5 Year Change-37.69%
Change since IPO1,897.92%

Recent News & Updates

Shareholder Returns

BOGOTACO BanksCO Market
7D0%-0.7%-1.1%
1Y-41.7%-13.1%-7.1%

Return vs Industry: BOGOTA underperformed the CO Banks industry which returned -13% over the past year.

Return vs Market: BOGOTA underperformed the CO Market which returned -7.6% over the past year.

Price Volatility

Is BOGOTA's price volatile compared to industry and market?
BOGOTA volatility
BOGOTA Average Weekly Movement6.0%
Banks Industry Average Movement6.3%
Market Average Movement6.5%
10% most volatile stocks in CO Market9.1%
10% least volatile stocks in CO Market4.0%

Stable Share Price: BOGOTA is not significantly more volatile than the rest of CO stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BOGOTA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
187032,065Alejandro Augusto Figueroa Jaramillohttps://www.bancodebogota.com

Banco de Bogotá S.A. provides various banking products and services in Colombia and internationally. It operates through two segments, Banking Operation and Investment in Subsidiaries. The company offers savings and checking accounts, and time certificates of deposit; and loans and commercial leasing, consumer loans, mortgages, and microcredit.

Banco de Bogotá Fundamentals Summary

How do Banco de Bogotá's earnings and revenue compare to its market cap?
BOGOTA fundamental statistics
Market CapCol$14.92t
Earnings (TTM)Col$5.51t
Revenue (TTM)Col$14.04t

2.7x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BOGOTA income statement (TTM)
RevenueCol$14.04t
Cost of RevenueCol$375.83b
Gross ProfitCol$13.66t
Other ExpensesCol$8.15t
EarningsCol$5.51t

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 22, 2022

Earnings per share (EPS)15.52k
Gross Margin97.32%
Net Profit Margin39.28%
Debt/Equity Ratio149.3%

How did BOGOTA perform over the long term?

See historical performance and comparison

Dividends

8.4%

Current Dividend Yield

20%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is BOGOTA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BOGOTA?

Other financial metrics that can be useful for relative valuation.

BOGOTA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does BOGOTA's PE Ratio compare to its peers?

BOGOTA PE Ratio vs Peers
The above table shows the PE ratio for BOGOTA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average6.1x
PFDAVVNDA Banco Davivienda
8.6x14.4%Col$14.1t
GRUPOAVAL Grupo Aval Acciones y Valores
5.5x0.08%Col$17.2t
BCOLOMBIA Bancolombia
6.3x1.7%Col$35.5t
GRUBOLIVAR Grupo Bolívar
3.9xn/aCol$4.3t
BOGOTA Banco de Bogotá
2.7xn/aCol$14.9t

Price-To-Earnings vs Peers: BOGOTA is good value based on its Price-To-Earnings Ratio (2.7x) compared to the peer average (6.1x).


Price to Earnings Ratio vs Industry

How does BOGOTA's PE Ratio compare vs other companies in the South American Banks Industry?

Price-To-Earnings vs Industry: BOGOTA is good value based on its Price-To-Earnings Ratio (2.7x) compared to the CO Banks industry average (5.4x)


Price to Earnings Ratio vs Fair Ratio

What is BOGOTA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BOGOTA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BOGOTA's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of BOGOTA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BOGOTA (COP42000) is trading below our estimate of fair value (COP64468.35)

Significantly Below Fair Value: BOGOTA is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies

Future Growth

How is Banco de Bogotá forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-28.4%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BOGOTA's forecast earnings growth is above the savings rate (6.7%).

Earnings vs Market: Insufficient data to determine if BOGOTA's earnings are forecast to grow faster than the CO market

High Growth Earnings: Insufficient data to determine if BOGOTA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BOGOTA's revenue is expected to decline over the next 3 years (-28.4% per year).

High Growth Revenue: BOGOTA's revenue is forecast to decline over the next 3 years (-28.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BOGOTA's Return on Equity is forecast to be low in 3 years time (14.2%).


Discover growth companies

Past Performance

How has Banco de Bogotá performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BOGOTA has a high level of non-cash earnings.

Growing Profit Margin: BOGOTA's current net profit margins (39.3%) are higher than last year (14.4%).


Past Earnings Growth Analysis

Earnings Trend: BOGOTA's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: BOGOTA's earnings growth over the past year (396.2%) exceeds its 5-year average (6.8% per year).

Earnings vs Industry: BOGOTA earnings growth over the past year (396.2%) exceeded the Banks industry 119.1%.


Return on Equity

High ROE: Whilst BOGOTA's Return on Equity (36.79%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Banco de Bogotá's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

4/6

Financial Health Score 4/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: BOGOTA's Assets to Equity ratio (7.9x) is low.

Allowance for Bad Loans: BOGOTA has a low allowance for bad loans (63%).

Low Risk Liabilities: 72% of BOGOTA's liabilities are made up of primarily low risk sources of funding.

Loan Level: BOGOTA has an appropriate level of Loans to Assets ratio (64%).

Low Risk Deposits: BOGOTA's Loans to Deposits ratio (101%) is appropriate.

Level of Bad Loans: BOGOTA has a high level of bad loans (9.7%).


Discover healthy companies

Dividend

What is Banco de Bogotá current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


8.36%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: BOGOTA's dividend (8.36%) is higher than the bottom 25% of dividend payers in the CO market (3.5%).

High Dividend: BOGOTA's dividend (8.36%) is low compared to the top 25% of dividend payers in the CO market (11.97%).


Stability and Growth of Payments

Stable Dividend: BOGOTA's dividend payments have been volatile in the past 10 years.

Growing Dividend: BOGOTA's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (20%), BOGOTA's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BOGOTA's dividends in 3 years are forecast to be well covered by earnings (44.9% payout ratio).


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Alejandro Augusto Figueroa Jaramillo (80 yo)

33.92yrs

Tenure

Mr. Alejandro Augusto Figueroa Jaramillo has been President of Banco de Bogota S.A. since September 1988 and also serves as its CEO. Mr. Figueroa Jaramillo served as an Executive President of Banco de Bogo...


Leadership Team

Experienced Management: BOGOTA's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: BOGOTA's board of directors are seasoned and experienced ( 29.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.2%.


Top Shareholders

Company Information

Banco de Bogotá S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Banco de Bogotá S.A.
  • Ticker: BOGOTA
  • Exchange: BVC
  • Founded: 1870
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: Col$14.921t
  • Shares outstanding: 355.25m
  • Website: https://www.bancodebogota.com

Number of Employees


Location

  • Banco de Bogotá S.A.
  • Calle 36 # 7-47
  • Bogotá
  • Colombia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.